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Re: lentinman post# 12769

Thursday, 06/02/2005 6:05:33 AM

Thursday, June 02, 2005 6:05:33 AM

Post# of 173793
YDHCF/Yantai Dahua Holdings Company.... I still own 30,000 shares. Sold 30,000 shares after the last rally attempt above .20 cents failed.

I still think this has 10 or 20 bagger written all over it. If I live long enough (LOL!) the annual dividends (if ever declared) should surpass the current .08 cents bid. I saw that happen before with my purchase of Telefonos de Mexico(TFONY) at .12 cents in 1985 and China Yuchai Diesal(CYD) in 2001 at .26-.29 cents.

I would like to think that China has huge growth ahead of it and their currency will show extreme strength versus the US$ like the Japenese Yen did when it went up seven-fold against the US dollar in the 70's and 80's.

I'm dissapointed this hasn't taken off yet.....but I'm sticking with it and may add more. It's an option on China growth and better odds than a foolish lottery ticket.

I think earnings will be great when announced (just a guess) and the market makers are shaking the tree for shares ahead of an earnings news rally.

I rate YDHCF a strong long-term speculative buy at these prices.....an inexpensive "option" that never expires on the growth of the Chinese economy.


Rogue




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